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Filing year 2023

MASSEY FAMILY FOUNDATION

Richmond, Virginia·EIN 54-6049049·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$4.6M
Total assets
$74.2M
Total expenses
$5.9M
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2023. MASSEY FAMILY FOUNDATION reported 6 unpaid officers and board members on its 990-PF.

President/director
Vice President/director
Secretary/director
Treasurer/director
Director
Director

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$4M

Itemized grants

74

Median grant

$25k

RecipientLocationPurposeAmount
MASSEY CANCER CENTERRICHMOND, VAUNRESTRICTED$1M
ACTIVE SOUTHERN WEST VIRGINIABECKLEY, WVUNRESTRICTED$350k
NEW COMMUNITY SCHOOLRICHMOND, VAUNRESTRICTED$160k
CHILD SAVERSRICHMOND, VAUNRESTRICTED$100k
LEWIS GINTER BOTANICAL GARDENHENRICO, VAUNRESTRICTED$100k
UVA ENGINEERING FOUNDATIONCHARLOTTESVILLE, VAUNRESTRICTED$100k
VIRGINIA INSTITUTE FOR MARINE SCIENCEGLOUCESTER POINT, VAUNRESTRICTED$100k
UVA MCINTIRE SCHOOL OF COMMERCECHARLOTTESVILLE, VAUNRESTRICTED$75k
AMERICAN RED CROSS - VIRGINIA CAPITAL CHAPTERRICHMOND, VAUNRESTRICTED$70k
BOY SCOUTS OF AMERICA - HEART OF VIRGINIA COUNCILRICHMOND, VAUNRESTRICTED$50k
CROSS OVER MINISTRYRICHMOND, VAUNRESTRICTED$50k
FEEDMORERICHMOND, VAUNRESTRICTED$50k
HAMPTON UNIVERSITYHAMPTON, VAUNRESTRICTED$50k
MAYMONT FOUNDATIONRICHMOND, VAUNRESTRICTED$50k
THE HEALING PLACERICHMOND, VAUNRESTRICTED$50k
THE MARSHALL UNIVERSITY FOUNDATION INC - HELP PROGRAMHUNTINGTON, WVUNRESTRICTED$50k
UNIVERSITY OF RICHMONDRICHMOND, VAUNRESTRICTED$50k
VCU ENGINEERING SCHOOL FOUNDATIONRICHMOND, VAUNRESTRICTED$50k
VIRGINIA MILITARY INSTITUTELEXINGTON, VAUNRESTRICTED$50k
VIRGINIA MUSEUM OF FINE ARTSRICHMOND, VAUNRESTRICTED$50k
VIRGINIA TECH FOUNDATION INCBLACKSBURG, VAUNRESTRICTED$50k
WEST VIRGINIA UNIVERSITY FOUNDATIONMORGANTOWN, WVUNRESTRICTED$50k
BLUEFIELD STATE FOUNDATIONBLUEFIELD, VAUNRESTRICTED$40k
ELIJAH HOUSE ACADEMYRICHMOND, VAUNRESTRICTED$40k
PETER PAUL DEVELOPMENT CENTERRICHMOND, VAUNRESTRICTED$40k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

MASSEY FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.2M
$6.1M
2022
$4.6M
$5.9M
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

MASSEY FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Virginia earns a median of $35,000.

25th percentile
$9k
Median
$35,000
75th percentile
$95k
90th percentile
$223k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 475 organizations across 475 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Virginia
FAQ

Common questions about MASSEY FAMILY FOUNDATION

What are MASSEY FAMILY FOUNDATION's revenue and expenses?

In 2023, MASSEY FAMILY FOUNDATION reported $4.6M in total revenue and $5.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.